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    2 Bedroom Condo for sale at Waterford Park Rama 4
    Phra Khanong, Khlong Toei,Bangkok
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    Sale Price
    ฿5,950,000
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    2 Bedroom Condo for sale at Waterford Park Rama 4
    (5 Reviews)
    Unit ID: U1933942
    6% Rental Yield
    Tenant-Occupied until Aug 1, 2029
    Phra Khanong, Khlong Toei,Bangkok
    ฿5,950,000
    2 Bedrooms
    1
    Bathroom
    130 SqM
    Size
    8
    Floor
    Dec 1999
    Completed
    19
    Sale Price
    ฿5,950,000

    About This Condo

    This property is a 130 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Phra Khanong, Bangkok and was completed in Dec 1999. You can buy this condo for a base price of ฿5,950,000 (฿45,769/SqM).

    Large Two bedroom Duplex Excellent Value

    For Sale 2 bedroom duplex condo in Phra Khanong.   130 sq metres    Near BTS station in a quiet Soi off Rama 4 only 8 minutes walk to BTS phra khanong.   Living space is over two floors. The main floor is 75 sq metres and is an open plan design with kitchen, dining area, two bedrooms and lounge area.   Upstairs is 55 sq metres and has a lounge area, a bar, jacuzzi and a sauna.   This condo is perfect for people who like to host friends. You will not find a better condo in Bangkok at this price for hosting.    Currently has a sitting tenant paying 27,000 baht per month in rent - which gives a rental yield of 5.5% on the full value.   Tenant is happy to stay long term with a 5 year contract or can leave on purchase of condo if rental of the condo isn't wanted.   50/50 transfer fee   Special reduced price just 5.95 MB     Not interested in stupid offers that are unrealistic.

    Features

    Private SaunaPrivate Sauna JacuzziJacuzzi BalconyBalcony Full Western KitchenFull Western Kitchen OvenOven TVTV

    Basic Information

    Date Listed Sep 15, 2024
    Updated 5 days ago
    Property Type Condo
    Floor 8
    Bedrooms 2
    Size 130 SqM
    Price per SqM ฿45,769
    Pets Not Allowed
    Condo Ownership

    Foreign nationals can own condominium units as freehold owners in buildings where no more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if it is currently below 49%.

    Foreign Quota
    Furniture
    Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
    Negotiable
    View(s) City View
    Unit Type N/A
    Building Waterford Park Rama 4
    CAM Fee
    The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
    ฿4,550/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1933942

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿5,950,000
    CAM Fee
    The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
    ฿4,550/mo
    Price-to-Rent Ratio
    The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
    16
    Rental Yield
    This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 2 bedroom condos at Waterford Park Rama 4, and the current sales price.
    6%

    Project Details

    Project Name: Waterford Park Rama 4
    Developer: V.P. Assets Co., Ltd.
    Construction: Completed (Dec 1999)
    Floors: 8
    Buildings: 1
    Units: 514
    Project Area: 18,153 SqM
    Nearest Landmark Phra Khanong BTS - 0.8 Km
    Location: Phra Khanong, Bangkok
    Waterford Park Rama 4 Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Sauna Sauna
    Reception / Lobby Area Reception / Lobby Area
    Outdoor Kids Zone Outdoor Kids Zone
    Communal Garden Area Communal Garden Area
    Key card access Key card access

    Popular Facilities at Waterford Park Rama 4

    • All
    • Fitness
    • Leisure
    5
    • Communal Pool
      Ground Floor
    • Communal Gym
      Ground Floor
    • Communal Garden Area
      Ground Floor

    Available Units at Waterford Park Rama 4

    For Sale 7 For Rent 50
    • All
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Waterford Park Rama 4
    View All (7)

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    Frequently Asked Questions

    No pets are allowed at Waterford Park Rama 4 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    The common area maintenance fee is ฿35 per square meter based on the size of indoor area of the property and is ฿4,550 for this condo. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
    Phra Khanong BTS is the nearest BTS Station from Waterford Park Rama 4 and it is 0.8 km away.

    Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

    In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

    This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

     

    Read more here

    After you have found the right property at Waterford Park Rama 4 you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer

     


    Read more here

    Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

    Read more here

    Reviews

    4 out of 5
    Based on
    5 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Great location and value for money
    Maia B, Italy, Visitor, 4 months ago
    The condo is in a strategic location, a short moto drive to Prakanong BTS, business and leisure, schools, shopping, sukhumvit nightlife is just around the corner. Great 2 bedrooms with decent sizes are at amazing deals.
    The condo near Phra Khanong River
    Sophia Skelley, United States, 4 years ago
    The condo near Phra Khanong River. I saw a price reduction last month and decided to buy a 1-bedroom unit here. The room has the perfect size with quality furniture and a view overlooking the city. I just moved in a week ago. There is a pleasant atmosphere, clean area, and a garden for relaxation; the pool is also massive.
    Old condo, worth the price
    Imelda Engleman, Mexico, 4 years ago
    It is an old condo that I have been living in for a while. Although it looks old, the inside is so vast, including common areas and room sizes. The usable areas are spacious compared to other nearby condos, and the prices are affordable as well. It is suitable for a family as there are many relaxing corners, where I love to spend time relaxed when I have free time privately. It is also non-crowded and secured. As for the location, this condo is located in the suburbs but not far from the city, easy and convenient to travel by private cars.
    Quality condo in Phra Khanong
    Burima S., India, 5 years ago
    The condo environment and the atmosphere are so good that you can relax comfortably and conveniently. The condo is fully equipped with facilities such as a large swimming pool, a playground, gardens around the project, and a strict security system. I came to stay here for 2 weeks with a Thai friend in 1 bedroom unit. Overall, it is ok. It is close to tourist attractions and prosperity, such as the Phra Khanong BTS and the department stores.
    Affordable prices
    Sheri Hawn, United States, 6 years ago
    The buildings here are quite outdated with low maintenance. The furniture is getting old, but the facilities are comprehensive with a swimming pool, a gym, and a playground. The location of this place is good, located next to Prakanong canal. The atmosphere is quiet and shady. The neighbors here are also friendly. Most importantly, it's affordable.
    Bangkok
    Phra Khanong

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